Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

19 May 2012

Post-Japan retro pricing up 25%; Willis Re

30 June 2011

Non-marine retrocession rates have risen by between 10 and 25 percent since losses from March's Japan and New Zealand earthquakes hit capacity providers, according to global broker Willis Re.

In its "1st View" report on the 1 July renewals, the broker noted that although many retro writers had suffered losses from the early 2011 natural catastrophes, new capital had entered the sector for 1 July.

The broker noted that new and additional capacity had been attracted to the market, especially...

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